Bumi Armada’s orderbook grows on new FPSO contract
KUCHING: Bumi Armada Bhd (Bumi Armada)’s orderbook surged from the acquisition of the Kraken floating, production, storage and offloading (FPSO)…
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MyCC issues proposed decision to 26 ice manufacturers
KUCHING: The Malaysia Competition Commission (MyCC) has yesterday issued a Proposed Decision to 26 ice manufacturers. The ice manufacturers were…
Saudi airline to fly to Malaysia in April
KUALA LUMPUR: Saudi Arabia-based low-cost carrier flynas is on track to start its long-haul service with its maiden long-haul flight…
Facebook bets big on mobile with US$19 billion WhatsApp deal
SAN FRANCISCO: Facebook is betting huge on mobile with an eye-popping cash-and-stock deal worth up to US$19 billion for Internet…
Fed officials see more QE cuts, changes to low-rate vow
LOUIS: Three Federal Reserve officials on Wednesday said they believe the US economy is gaining traction despite a recent slowdown…
Shares linked to Thai PM fall, social media fan flames
BANGKOK: Shares in companies linked to the family of Prime Minister Yingluck Shinawatra fell yesterday after anti-government protesters launched online…
Japan logs record US$27 bln January trade deficit on surging imports
TOKYO: Japan’s trade deficit swelled in January to another monthly record, data showed yesterday, as once-bumper surpluses disappear under the…
YPF signs MoU with Petronas to develop shale oil in Vaca Muerta
YPF SA and Petroliam Nasional Bhd (Petronas), state-controlled companies from Argentina and Malaysia, said they signed a memorandum of understanding…